Originally Posted by
SWBKCB
That's Eddie Stobart, not the Stobart Group associated with MME?
The lower part of the article was referring to the Stobart Group who are associated with MME.
Quote: " To complicate matters,
Stobart Group also has an economic interest in its former sister company.
The crisis at Eddie Stobart has delivered a further blow to the embattled fund manager Neil Woodford, who owns more than 20% of the company.
The company's shares have performed dismally since its return to the stock market in 2017.
They listed at 160p, valuing the company at more than £570m, but are now worth just
71p.
The shares have slumped by 47% in the last year alone."